Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...
Senior living occupancy continues to recover due to supply and demand
By
Kimberly Bonvissuto
Aug 15, 2023
Senior living (independent living and assisted living, including memory care) continues to see occupancy gains, and the outlook for the near-term is bright given supply and demand conditions, according...
Invesque remains ‘bullish’ on senior living as it continues to transform portfolio
By
Kimberly Bonvissuto
Aug 15, 2023
In a busy second quarter, Invesque continued carrying out its strategy to focus its portfolio predominantly on private-pay senior living through sales, operator transitions and acquisitions.
What’s next after NIC for Brian Jurutka
By
Lois A. Bowers
Aug 14, 2023
Brian Jurutka, former president and CEO of the National Investment Center for Seniors Housing & Care, has started a new chapter in his career, and it’s one that will enable him to continue to use data...
Self-assessments can help providers survive and thrive
By
Kimberly Bonvissuto
Aug 11, 2023
Consolidation in the long-term care sector is occurring at a more rapid pace than in the past. One business expert advises senior living and other owners and operators not to wait too long to explore potential...
Loan activity at record low for senior living: NIC
By
Kathleen Steele Gaivin
Aug 11, 2023
The issuance of new permanent debt reached a time series low for senior living — and a near record low for skilled nursing — in the first quarter based on the six years since the National Investment...
Responsive sales strategies will help senior living operators increase conversion rates
By
Kimberly Bonvissuto
Aug 10, 2023
As senior living occupancy edges toward pre-pandemic levels, operators need to adjust their strategies, which have been more responsive than reactive, to improve sales and marketing success, according...
‘Slow and steady’ wins the race as Sabra reports ‘encouraging’ operating trends
By
Kimberly Bonvissuto
Aug 09, 2023
Increasing occupancy and declining labor expenses are leading to promising operating trends for Sabra Health Care REIT, according to CEO, President and Chair Rick Matros.
Employer COVID-19 vaccine mandates significantly increase uptake with little effect on staffing: study
By
Kimberly Bonvissuto
Aug 08, 2023
An employee mandate led to a “significant” increase in COVID-19 vaccine uptake with little effect on staffing in a multi-state network of continuing care retirement communities studied by researchers,...
Lagging independent living portfolio drags down double-digit growth in assisted living: Ventas
By
Kimberly Bonvissuto
Aug 07, 2023
Ventas’ assisted living portfolio saw strong double-digit growth in the second quarter, and actions are being taken to improve performance in a lagging independent living segment, Chairman and CEO Debra...